Age, Biography and Wiki

Yang Rong was born on 1957 in China, is a Yang Rong also known as Yung Yeung. Discover Yang Rong's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 67 years old?

Popular As N/A
Occupation N/A
Age 67 years old
Zodiac Sign N/A
Born
Birthday
Birthplace China
Nationality China

We recommend you to check the complete list of Famous People born on . He is a member of famous with the age 67 years old group.

Yang Rong Height, Weight & Measurements

At 67 years old, Yang Rong height not available right now. We will update Yang Rong's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Yang Rong Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Yang Rong worth at the age of 67 years old? Yang Rong’s income source is mostly from being a successful . He is from China. We have estimated Yang Rong's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

1957

Yang Rong (born 1957), also known as Yung Yeung and Benjamin Yeung is an exiled Chinese tycoon.

He was born in Shanghai in 1957.

1990

Yang, the founding chairman of Brilliance Auto, was involved with the company during the 1990s.

Some blame his immigration to the US on a failed bid to locate a production base in Ningbo.

As Ningbo is near the rich coastal city of Shanghai, this was contrary to Chinese state policy encouraging economic growth in the poorer regions, and Yang incurred the wrath of the government of Liaoning in the attempt.

1992

These included listing a subsidiary Brilliance Auto on the New York Stock Exchange in 1992, the same subsidiary again on the Stock Exchange of Hong Kong (SEHK) in 1999, and that same year a takeover another listed company Shenhua Holdings on the Shanghai Stock Exchange.

2001

Only a year after the magazine Forbes proclaimed him China's third richest businessman in 2001, Yang fled to the US following a dispute with the Chinese government.

Famous for his close association with a Chinese microvan manufacturer, Yang has continued to be involved in the automotive industry since his flight to the US.

There, his ventures have yet to achieve the same scale of success as those in his native China have done.

In the US, Yang has been involved with at least two businesses, Greentech Automotive and Hybrid Kinetic Motors.

The latter is a hybrid vehicle company with an aim of manufacturing cars in Alabama, and the former planned to build all-electric vehicles in Mississippi.

2002

In 2002 he was accused of embezzlement, and an arrest warrant was issued precipitating Yang's flight from the country.

While Yang was in control, Brilliance Auto Group made a number of IPOs.

After leaving China in 2002, Rong began a start-up car company in the United States, Hybrid Kinetic Motors Corporation (sehk: 1188).

2009

Hybrid Kinetic later dropped its Alabama plans due to a funding shortfall in 2009, and Yang has distanced himself from his other American venture, Greentech Automotive.

As of 2009 the possibility of producing Hybrid Kinetic vehicles at an undeveloped site in Baldwin County, Alabama, was discussed.

Here, plans for an auto factory fell through c. 2009 amid a weak American economy.

Collaboration agreement was reached totaling $68 million with Pininfarina design firm for a total term length of 46 months.

According to this agreement, "Pininfarina will support Hybrid Kinetic in the turnkey development of an electric car from the styling concept and development of the vehicle to the engineering development and virtual and physical validation for series production" During this development, some of the vehicles in development include the following:

2010

While its desire to manufacture in the US did not come to fruition, in the early 2010s the company expressed interest in several Mainland China production base sites and in 2013 broke ground for a new facility in the Lianyungang Economic and Technological Development Zone, Lianyungang prefecture, which may produce batteries and become operational in 2018.

As of 2010 the company will enter a possible joint venture with Jianghuai Automobile selling parts in China for use in green technology vehicles.

2013

A Tianjin, Shandong province, production base will be complete by 2013, and while the original intent was to manufacture whole vehicles, this JV will only supply parts.